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mortgages | home equity line-of-credit
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Save money...
with Norbel's Home Equity Line of Credit
Ask us about our 2.50% introductory rate!*.
Use the equity in your home to do anything you'd like: take that dream vacation, make home improvements, pay for your children's education, consolidate bills, and more!
Norbel's home equity line-of-credit, called a HELOC, is a variable rate loan that uses the equity you have in your primary residence. It's a revolving line of credit with a five-year draw period and low minimum payments. (Check out our low rates.) Plus, the interest may be tax deductible; check with your tax advisor.
Because Norbel is a not-for-profit financial institution, we keep rates as low as possible.
Applying for your next loan is easy! Here's how:There are no fees to apply for a HELOC and you should receive a response in two to 48 hours. As with everything we do, we have your best interests in mind, so we'll help you find a loan that fits your needs.
If you have loans with other financial institutions, you can always refinance with Norbel — a move that could save you hundreds of dollars a year!
*The introductory rate of 2.5% APR (Annual Percentage Rate) applies to the principal balance for a period of 90 days and then adjusts to Norbel's current rate as posted. Rate is subject to change and is based on an index of the Prime Rate. Individual rates may vary based on credit history.
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